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Kinetic Group (Kinetic Group) Price-to-Tangible-Book : 511.43 (As of May. 11, 2024)


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What is Kinetic Group Price-to-Tangible-Book?

As of today (2024-05-11), Kinetic Group's share price is $7.16. Kinetic Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.01. Hence, Kinetic Group's Price to Tangible Book Ratio of today is 511.43.

The historical rank and industry rank for Kinetic Group's Price-to-Tangible-Book or its related term are showing as below:

KNIT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 176.5   Med: 263.89   Max: 716
Current: 716

During the past 8 years, Kinetic Group's highest Price to Tangible Book Ratio was 716.00. The lowest was 176.50. And the median was 263.89.

KNIT's Price-to-Tangible-Book is ranked worse than
100% of 280 companies
in the Telecommunication Services industry
Industry Median: 2.565 vs KNIT: 716.00

A closely related ratio is called PB Ratio. As of today, Kinetic Group's share price is $7.16. Kinetic Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.01. Hence, Kinetic Group's P/B Ratio of today is 511.43.

Kinetic Group Price-to-Tangible-Book Historical Data

The historical data trend for Kinetic Group's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kinetic Group Price-to-Tangible-Book Chart

Kinetic Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 176.50 390.00

Kinetic Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 236.84 263.89 296.88 390.00 407.14

Competitive Comparison of Kinetic Group's Price-to-Tangible-Book

For the Telecom Services subindustry, Kinetic Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kinetic Group's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Kinetic Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Kinetic Group's Price-to-Tangible-Book falls into.


Kinetic Group Price-to-Tangible-Book Calculation

Kinetic Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=7.16/0.014
=511.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Stockholders Equity-Preferred Stock-Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Kinetic Group Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Kinetic Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Kinetic Group (Kinetic Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Kinetic Group Inc (OTCPK:KNIT) » Definitions » Price-to-Tangible-Book
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RDCM CRGE UCL NUVR VPLM CXDO KORE KTEL IQST MACT SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433
Traded in Other Exchanges
N/A
Address
2801 NW 7th Avenue, Miami, FL, USA, 33122
Website
http://www.groupkinetic.com
Kinetic Group Inc is a telecommunications company focused on owning, operating, and building wireless infrastructure for international mobile carriers in Latin America. The company rents operate and build tower/rooftop/unconventional infrastructure, fiber optic networks, DAS, and telecommunication equipment for MNO's.